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Published on Feb 2, 2021

'Liable to tax' redefined, jolt for a whole host of Indian businessmen with offshore connections

An amendment just made life tougher for Indian businessmen who were using tax havens to escape tax here. This comes after the Indian tax laws redefined the term 'liable to tax'. The new provisions have ended the practice of using Dubai (and some …

Source: Economic Times - Uncategorized
Published on Feb 5, 2021

15 Countries With The Highest Corporate Tax Rates

In this article, we are going to list the 15 countries with the highest corporate tax rates. Click to skip ahead and jump to the 5 countries with the highest corporate tax rates. More or less every nation in the world taxes both its citizens and the …

Source: Insider Monkey - Neutral
Published on Jan 6, 2021

Yash Birla gets relief from tax tribunal; ruling set to have bearing on many other cases

MUMBAI: In what would have a bearing on several court battles between rich Indians and the Income Tax (I-T) department, a tribunal on Wednesday spared Yashovardhan Birla from a demand on wealth tax on multiple overseas bank accounts and properties. …

Source: The Economic Times - Neutral
Published on Dec 30, 2020

UK: A “fair” Covid wealth tax must go after offshore trusts & shell corporations too

As if times aren’t demoralizing enough, UK citizens are about to have their spirits deflated even further. An independent think tank has recommended that the government introduce a one-off wealth tax to cover the costs associated with Covid. As per usual, …

Source: Times of India - Uncategorized
Published on Dec 25, 2020

Could Floating Cities Be a Haven as Coastlines Submerge?

By century’s end, tens of millions of U.S. coastal property owners will face a decision embodied in the popular exhortation, “Move it or lose it.” But there’s an option for people who can’t imagine a home without an ocean view. It’s called “seasteading,” …

Source: Scientific American - Neutral
Published on Dec 18, 2020

The end of empire and the rise of tax havens

In November, an investigation into the financial assets held by Chancellor Rishi Sunak and his close family revealed that Sunak’s wife, Akshata Murthy, owns shares in a restaurants business that funnels investments through a shell company in the tax haven …

Source: New Statesman - Left-wing
Published on Dec 18, 2020

As tax havens go, U.S. is a rogue state

For all its unilateral tendencies, the U.S. typically isn't known as a rogue state. But in one area it has come close: By failing to share information with other countries, it has thwarted global efforts to track down tax cheats, money launderers and …

Source: Arkansas Democrat Gazette - Neutral
Published on Nov 24, 2020

India Ranks High among Asian Nations in Corporate Tax Evasion

Kolkata — India loses $10.1 billion to corporate tax abuse annually, one of the highest amounts among Asian countries, according to a new report. China loses about $3 billion annually, or 818 percent of the share of tax lost globally to corporate tax abuse …

Source: Westside Gazette - Florida - Neutral
Published on Nov 22, 2020

Bangladesh loses $703m a year to tax abuse by multinationals, individuals

Bangladesh is losing more than $703 million every year because of tax abuses committed by multinational corporations and private individuals, according to a new report. The State of Tax Justice 2020 report showed that the global tax abuse by multinational …

Source: Daily Star - Neutral
Published on Nov 21, 2020

Global finance and corruption

The US has listed Afghanistan, India, and Pakistan as huge money-laundering jurisdictions in the Basel AML Index. The index ranks money laundering and terrorist financing risks around the world. George Monbiot, writing for ‘The Guardian’, states that Jason …

Source: The News International - Uncategorized
Published on Oct 26, 2020

Millionaire Rishi Sunak faces demands to reveal contents of 'blind trust' financial interests

Rishi Sunak is facing demands to reveal details of his financial interests today after it emerged he set up a 'blind trust' on becoming a minister. The Chancellor deployed the arrangement, meaning that he does not know how his assets are being …

Source: Daily Mail - Right-wing
Published on Nov 2, 2020

NRIs in tax haven data told to prove residency status

MUMBAI: The income-tax department has asked several individuals to prove their non-resident status for assessment years 2013-14 to 2017-18. While filing their tax returns for the years in question, these persons had not disclosed their foreign assets by …

Source: The Economic Times - Neutral
Published on Sep 29, 2020

How to bring back illicit money stashed in foreign safe havens

India too has much bitter experience India says that its citizens have $60 billion in assets stashed abroad. Our government also is determined to get back assets worth $11 billion hidden in foreign safe havens. India was able to get full names of 50 …

Source: Pakistan Today - Uncategorized
Published on Jan 20, 2021

Calls Grow For Full Investigation Into BP-Linked Fuel Causing Ship Incidents Around World

Aug 2020: BP's VLSFO fuel leaked from the Wakashio on the Indian Ocean island of Mauritius. Until ... [+] now, BP has refused to hand over its oil sample for analysis. ASSOCIATED PRESS Leading environmental and marine worker groups are calling for a …

Source: Forbes - Neutral
Published on Aug 6, 2020

Manulife Financial Corporation (MFC) CEO Roy Gori on Q2 2020 Results - Earnings Call Transcript

Manulife Financial Corporation (NYSE:MFC) Q2 2020 Earnings Conference Call August 6, 2020 8:00 AM ET Company Participants Adrienne O’Neill - IR Roy Gori - President and CEO Phil Witherington - CFO Scott Hartz - Chief Investment Officer Steve Finch - Chief …

Source: Seeking Alpha - Neutral
Published on Jul 26, 2020

Offshore Wind Market - COVID-19 Impact Analysis, Trends, Business Profiles and Forecast to 2025

The MarketWatch News Department was not involved in the creation of this content. Jul 26, 2020 (AmericaNewsHour) -- In this report, the Global Offshore Wind market was valued at USD 22.85 Billion in 2015, and is projected to reach USD 72.18 billion by 2025 …

Source: MarketWatch - Neutral
Published on Jul 3, 2020

Startups try to woo talent returning to India from US amid H1B visa woes

With the uncertain business environment, triggered by Covid-19 pandemic, and immigration related issues expected to force Indian talent in the US to return to the country, startups and software product companies are looking to enrich their talent base by …

Source: Business Standard - Neutral
Published on Jun 9, 2020

FDI from Cayman Islands to India jumps three-fold to $3.7 bn in 2019-20

Cayman Islands has emerged as the fifth largest investor in India, with foreign direct investment from the nation increasing over three-fold to USD 3.7 billion in 2019-20, according to the Department for Promotion of Industry and Internal Trade (DPIIT). …

Source: The Economic Times - Neutral
Published on May 31, 2020

Cayman Islands now India's 10th largest source of foreign direct investment

Famous offshore tax haven Cayman Islands is now the 10th largest source of Foreign Direct Investment (FDI) for India, leaving behind major nations like South Korea and the United Arab Emirates. While inbound FDI from tax havens have risen over the past few …

Source: Business Standard - Neutral

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Published on January 28, 2021 - 14:45 GMT

Canadian Long Term Care Company Tax Dodging to Boost Profits According to a New Report by CICTAR

OTTAWA, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Canada’s second largest long term care home operator, Revera, appears to use aggressive tax avoidance schemes in the UK, according to a new report, Tax Dodging by a Canadian Crown Corporation: Revera Living Making …

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Published on February 4, 2021 - 21:35 GMT

Full House Resorts Announces Pricing of Senior Secured Notes Offering

LAS VEGAS, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (Nasdaq: FLL) today announced the pricing of its offering of $310 million in aggregate principal amount of 8.25% senior secured notes due 2028 (the “Notes”) at a price of 100% of the …

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Published on February 2, 2021 - 12:43 GMT

Full House Resorts Announces Proposed Offering of Senior Secured Notes

LAS VEGAS, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (Nasdaq: FLL) today announced that it intends, subject to market and other conditions, to offer $300 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) …

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Published on February 21, 2019 - 16:00 GMT

Tax Netflix and other e-commerce companies, say Canadians and CRA professionals

OTTAWA, Feb. 21, 2019 (GLOBE NEWSWIRE) -- The federal government needn’t worry about a consumer backlash to a sales tax on Canadians’ Netflix accounts, if newly released results from an Environics Research poll and a separate survey of Canada Revenue …

Distribution channels: Business & Economy, Technology ...

Published on September 10, 2016 - 04:24 GMT

Government of Canada Works with International Partners to Crack Down on Offshore Tax Evasion

Canada Revenue Agency The vast majority of Canadians pay their fair share of taxes, but some wealthy Canadians buy their way out of paying what they owe. This has to change in order to ensure a tax system that is more responsive and fair for all Canadians. …

Distribution channels: U.S. Politics
Published on November 6, 2017 - 18:47 GMT

We all lose out to tax havens

Brussels, Belgium, Nov. 06, 2017 (GLOBE NEWSWIRE) -- As revelations flow from the latest tax haven exposé dubbed the Paradise Papers, the Global Alliance for Tax Justice renews the call for governments to take immediate action to end tax havens and make …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 24, 2017 - 14:37 GMT

PIPSC to MPs: End Outsourcing, Restore Public Science, Ensure Tax Fairness, Fix Phoenix

OTTAWA, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Representatives of the Professional Institute of the Public Service of Canada (PIPSC) will be on Parliament Hill today to meet with Canada’s elected officials on issues of critical importance to the delivery of …

Distribution channels: Conferences & Trade Fairs, Politics ...
Published on December 13, 2017 - 19:34 GMT

Remarks by President Trump at Lunch with Bicameral Tax Conferees

Cabinet Room 12:40 P.M. EST THE PRESIDENT: Well, thank you very much. We appreciate it. And I'll be also speaking, at three o'clock today, a little bit more about what's happening with this incredible journey and what we're doing with …

Distribution channels: U.S. Politics

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Published on March 4, 2021 - 17:00 GMT

American Sustainable Business Council Appoints Michael Neuwirth Chief Communications Officer

New role to increase Council’s visibility and efficacy among thought-leaders and policy influencers to advance stakeholder capitalism WASHINGTON, DC, USA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Today, the American Sustainable Business Council (ASBC …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 16:03 GMT

OnPay Solutions Partners with Highstreet to Provide AP Automation via Oracle Integration

OnPay Solutions, a Top Ten AP Automation Solutions Provider, has partnered with Highstreet to provide AP automation solutions with easy Oracle integration. JACKSONVILLE, FL, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- OnPay Solutions, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 16:00 GMT

Finvezt Launches New Free-to-Use App to Identify Top Stocks from WallStreetBets, News Sources

Platform provides real-time updates to identify big Stock/Option plays ANN ARBOR, MICH., USA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Finvezt, a financial analytics startup focusing on unusual options analytics and dark pool activity, news …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 15:32 GMT

NYPPEX: 2020 Best & Worst Buyout Funds in Asia and Rest of World

NYPPEX believes that 2020 served as an excellent stress test year for evaluating the relative performance of buyout fund strategies in Asia & Rest of World. NEW YORK, NEW YORK, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- NYPPEX …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 15:31 GMT

Employee benefits experts team up for International Women's Day 2021 to support initiatives for women in the workforce

In honor of International Women’s Day, benefits leaders from Spring Health, Maven, The Corporate Doula, and LearnLux are joining forces. BOSTON, MASSACHUSETTS, YSA, March 4, 2021 /⁨EINPresswire.com⁩/ -- The statistics are shocking; since the COVID …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 15:30 GMT

Possibly the Most Valuable Pair of 1985 Michael Jordan Game Worn Rookie Shoes Estimated at Over $1,000,000 at Auction

Rare Chance To Own Possibly The Finest Known Pair of 1985 Michael Jordan Signed Rookie Shoes BEIJING, HEBEI PROVINCE, CHINA, March 4, 2021 /⁨EINPresswire.com⁩/ -- 1985 Michael Jordan Signed Game Worn Rookie Shoes Expected to Bring $1,000,000+ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 15:30 GMT

Converting Carbon Dioxide to Synthetic Fuels

Skyre's new technology is set to make a great impact on climate change. EAST HARTFORD, CT, U.S.A., March 4, 2021 /⁨EINPresswire.com⁩/ -- In an ongoing effort to develop climate change-fighting technologies, Skyre – a leading innovator in …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on March 4, 2021 - 15:15 GMT

Investors Seeking Rare Sports Memorabilia May Push 1985 Michael Jordan Game Worn Signed Rookie Shoes Past $1,000,000

Iconic Sports Memorabilia Actively Sought By Investors LOS ANGELES , CA, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- 1985 Michael Jordan Signed Game Worn Rookie Shoes Expected to Bring $1,000,000+ South Milwaukee, WI: With a current …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on March 4, 2021 - 15:00 GMT

ASAPP and League Data Complete Onboarding of 46 Atlantic Credit Unions to Enable Omnichannel Account & Loan Origination

TORONTO, ON, CANADA, March 4, 2021 /⁨EINPresswire.com⁩/ -- League Data and ASAPP are pleased to announce that 11 additional credit unions have joined the existing 35 credit union organizations who previously launched ASAPP’s omnichannel experience …

Distribution channels: Banking, Finance & Investment Industry, Technology ...
Published on March 4, 2021 - 14:59 GMT

Rarer Than His Rookie Card A Pair of 1985 Michael Jordan Signed Game Worn Rookie Shoes Expected to Bring $1,000,000+

Exploding Memorabilia Market Attracts Wealthy Investors NEW YORK, NY, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- 1985 Michael Jordan Signed Game Worn Rookie Shoes Expected to Bring $1,000,000+ South Milwaukee, WI: The auction house, …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on March 4, 2021 - 14:16 GMT

Roaring '21: The Trends Journal Forecasts An Economic Boom & Youth Revolution

According to the May 5th, 2021 edition of the Trends Journal, there will soon be a social explosion spurred on by the young. NEW YORK, NEW YORK, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- According to the May 5th, 2021 edition of the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 14:15 GMT

KMH Peace Foundation, Seoul with partners pledges PPE Equipment to the people of Afghanistan through Massoud Foundation

KMH Peace Foundation from South Korea along with its strategic Korean partners pledges PPE Equipment to the people of Afghanistan through Massoud Foundation NAMDAEMUN, SEOUL, SOUTH KOREA, March 4, 2021 /⁨EINPresswire.com⁩/ -- KMH Peace Foundation …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 14:00 GMT

Roland DuBeau Named President of MortgagePhish

MortgagePhish, a leader in wire fraud prevention through simulated phishing attacks and security awareness training JACKSONVILLE, FL, US, March 4, 2021 /⁨EINPresswire.com⁩/ -- MortgagePhish, a leader in wire fraud prevention through simulated …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 4, 2021 - 13:58 GMT

Housing Market: Four Tips To Make Your Offer Stand Out In A Competitive Sellers’ Market

Housing Market: Four Tips To Make Your Offer Stand Out In A Competitive Sellers’ Market by By Andrew Ragusa LONG ISLAND, NEW YORK, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- 1. Take The House As Is It can be very difficult for a buyer …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 4, 2021 - 13:08 GMT

Partnerships And Collaborations Are Gaining Popularity In The Prepaid Card Market

The Business Research Company’s Prepaid Card Global Market Report 2021: COVID 19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 4, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, forecasts, and strategies …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 13:00 GMT

Small Business Has been Targeted by Unfair Restrictions

What Is The Science Behind These Lockdowns? TORONTO, ONTARIO, CANADA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Lockdown restrictions and decisions have been made without consideration of all the facts and only on what seems to be the main function of …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on March 4, 2021 - 13:00 GMT

Angela Marie Kovacs Educates Clients on Smart Money Habits for Better Living

VAN BUREN TWP, MICHIGAN, UNITED STATES, March 4, 2021 /⁨EINPresswire.com⁩/ -- Angela Marie Kovacs, an experienced personal finance expert is using her knowledge to inspire her clients to imbibe smart money habits that will improve their lives. From …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 12:57 GMT

East African Fintech Company NALA and Veriff join forces to make app onboarding ‘more inclusive’

With machine learning technology and assisted image capture with a human backstop, Veriff’s ID verification platform is secure, accurate and equal. NEW YORK CITY , USA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Y combinator backed Tanzanian startup …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 12:14 GMT

Artemundi launches the Guernica V. Fund to help investors diversify portfolios amid COVID-related financial uncertainty

The fund will help qualified investors reap the benefits of art as an alternative asset, using a timely structure to protect and grow their wealth. WILMINGTON, DELAWARE, USA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Artemundi, a leading art fund …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 12:00 GMT

Napkyn Analytics Announces New Line of Google Analytics 4 (GA4) Services

Digital analytics consulting and engineering company expands portfolio with a new line of services geared toward helping clients successfully navigate GA4. OTTAWA, ONTARIO, CANADA, March 4, 2021 /⁨EINPresswire.com⁩/ -- Napkyn Analytics, a leading …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...